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Provided by NWMLS, Listed by Jake Kanev, 206-232-0446 at Windermere Mercer Island
3 Beds
2 Baths
3,316 sqft

$525,000

315 24th Avenue SW, Olympia WA, 98501

Price per sqft$158.32
Built in1937
Property size3,316 sqft
Property typeResidential

Overview

Active

Updated 5 days ago

Opportunity abounds on this huge 3/4-acre high bank lakefront property in the historic Capitol Lake Neighborhood! With a spacious existing home and the potential for big lake views, it’s brimming with possibilities for sweat equity or a fresh start. Add your own renovations to the home’s original 1937 charm, which includes period details like exposed timber beams, wood paneling, hardwood floors, and a masonry fireplace. Perched above a private trail down to the lake, it’s perfectly positioned to take advantage of the scenery. OR bring your contractor and design the lake view home of your dreams. Either way, you’ll benefit from the $400million Capitol Lake restoration project currently underway. You’ll also reap the rewards of a fabulous location in one of Olympia’s nicest neighborhoods, just minutes to the Capitol Building, downtown Olympia, downtown Tumwater, and freeway access. Location, lakefront, and a lovely setting...all this property needs is your vision.

$3,493/mo

Est. mortgage payment based on a $525,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2585593

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.74 Acres

Other Property Details

Taxes
$590
Tax Frequency
Annually
View
Yes
Waterfront
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by Jake Kanev, 206-232-0446 at Windermere Mercer Island

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/7/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/7/2026 at 8:14 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2026 Northwest Multiple Listing Service all rights reserved.

Data last updated on 10/7/2026 at 8:14 PM UTC 

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